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Ex-Thai Actress Accuses British Husband of Fraud and Infidelity
Most women want to be provided for, but some look at money first. -
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Trump says Zelensky ‘should have never started’ war with Russia
Not hard at all. Bringing Trump back to power after what he did January 6 was the most colossal error in American history. -
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THAILAND LIVE Thailand Live Thursday 20 February 2025
Thai Tourism Sector Shaken by US Tariffs and Market Uncertainty FILE photo courtesy; TTG Asia The Thai tourism industry is currently navigating choppy waters as it faces potential disruptions from US President Donald Trump's trade tariffs and shifting global markets. Full story: https://aseannow.com/topic/1352325-thai-tourism-sector-shaken-by-us-tariffs-and-market-uncertainty/ -
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Thai Tourism Sector Shaken by US Tariffs and Market Uncertainty
FILE photo courtesy; TTG Asia The Thai tourism industry is currently navigating choppy waters as it faces potential disruptions from US President Donald Trump's trade tariffs and shifting global markets. Airlines and hoteliers are on high alert, with fuel prices and an unpredictable Chinese tourism influx being pivotal concerns in a landscape marked by economic challenges. Recently imposed tariffs by President Trump are anticipated to affect global oil prices, a critical element for the travel sector, especially airlines. Tassapon Bijleveld, executive chairman of Asia Aviation, which holds the majority stake in Thai AirAsia, stressed that while low fuel prices currently advantage airlines, fluctuations tied to trade policies could upend this benefit. The industry is especially wary of geopolitical developments, including the ongoing conflict in Ukraine, as Trump's energy policies favour fossil fuels over green alternatives. Should the situation resolve, it could release more Russian energy supplies into the market. Despite this, the International Air Transport Association reports a promising 10.4% expansion in global air travel for 2024. However, Tassapon warns that if confidence in the economy wanes due to tariffs increasing costs, domestic purchasing power might plummet, making for a volatile near-term outlook. The combination of a fragile domestic economy and dwindling foreign investment enthusiasm in the Thai stock market further compounds the stress. With profitability issues and governance concerns haunting some listed Thai companies, the market's appeal to investors remains bleak. On the hospitality front, unpredictability reigns. The Thai Hotels Association's president, Thienprasit Chaiyapatranun, notes that visa-free travel, especially from China, alongside the rise of spontaneous online bookings, has disrupted traditional forecasting methods. While the high season shows promise, the offseason will test resilience, absent the pull of large festivals like Chinese New Year. China's role is critical: fluctuations in this market heavily influence Thailand's tourism revenue, a factor amplified by recent fraudulent scandals that have cast a shadow over confidence. Yet, the Chinese continue demonstrating purchasing power, opting for destinations like Japan, which recently surpassed Thailand in Chinese visitor numbers. The appeal of a weakened yen and upcoming global events like Japan's World Expo 2025 have contributed to this shift and present a growing challenge for Thai tourism. As the Songkran holiday approaches, key indications of the year’s trajectory will emerge. For now, Thai tourism faces a dual threat of domestic economic haze and fierce international competition, with much riding on diplomatic and market resolutions in the months ahead, reported Bangkok Post. -- 2025-02-20 -
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THAILAND LIVE Thailand Live Thursday 20 February 2025
Stroke Victim Abandoned at Temple: Outrage and Calls for Accountability In a shocking incident that has stirred public outrage, a 54-year-old man named Anan Boonma, an ex-painter who suffered a stroke, was abandoned at Wat Chalerm Phra Kiat Worawihan temple in the Bang Sri Muang district of Nonthaburi. He had been left there overnight on 17 February by officials from a local foundation, who failed to provide proper assistance for his medical condition. Full story:https://aseannow.com/topic/1352324-stroke-victim-abandoned-at-temple-outrage-and-calls-for-accountability/
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